Used Cars: When Is the Best Time of Year to Purchase?

Best to Buy Before You Need To

Purchase a new-to-you used car before you desperately need one. While this answer isn’t quite time-specific, it’s better to have more time to make this type of decision instead of making this type of purchase in a hurry. It’s always good to start investigating the options to make an informed choice instead of a desperate one. Additionally, it helps to make a decision before your current car breaks down, because it receives a better offer for a trade-in because it is not in need of repair.

End of the Calendar Year

Why should you shop for a used car or truck towards the end of the calendar year? This time of year is recommended for the number of seasonal dealership sales events on hand. Let’s keep in consideration that they need to create space for their next year’s models.

Buy Towards the Beginning of the Week

Why ought you purchase used cars at the start of the week? Well, when car dealerships aren’t extremely busy, it is easier for customers to get the car they’re hoping for. Compared to Saturdays, Mondays are often the least crowded by far. This circumstance usually means greater time and attention from sales and financing employees.

Seasonal Sales Events

Seasonal holiday sales events are generally a great time to shop for a car. While national sales events provide significant offers on new models, many car dealerships also provide local incentives, promotions, or discounted pricing on their used and certified pre-owned car inventory, as well. Overall, New Year’s ranks among the best of all annual sales for shoppers searching for good offers. As for the middle of the year, customers usually expect to enjoy more savings during Memorial Day and Independence Day. Finally, there are numerous holiday sales events starting with Labor Day and wrapping up at the end of the year with December’s events to round out the year.

Towards the Final Days of the Month

What’s the reward of buying a used vehicle during the month’s end? Well, because most car dealers work on a month-to-month basis, it is sometimes possible that they may be obligated to move some current inventory to make room for incoming vehicles. This increases your chance of getting the right car at the price you’re hoping for.